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20121008
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. the government add 1.3 trillion in the fiscal year that ended . worked out to 11,000 more to the household is the fourth straight year of 1 trillion dollars. these numbers are so mind boggling. the national debt is over 16 trillion dollars and that will no doubt with a big topic. >> brian: they had it on the nightly news and sean hannity in you could stand up. they were able to play a tape. the tape has been out but president obama in hampton university addressing an audience of a thousand and it was right in the wake of katrina and we all know what happened on katrina. >> steve: we certainly do. it will be interesting tonight will the moderator of the presidential debate will ask mr. romney about the 47 comment. will they ask about this particular video that shows then senator obama showing that the neglect of new orleans was racial. >> down in new orleans, where they still have not rebuilt 20 months later. there is a federal law when you get reconstruction money from the federal government called the staford act and when you get federal matter you have to give a 10 percent match from the
. early last year mr. quinn floated the idea that the federal government could bail out, that is the federal government, you, could bail out his state's pension program if illinois' finances took a turn for the worse. critics are pouncing saying states cannot give away big benefit packages and then expect the federal taxpayer to come to the rescue. "the chicago tribune" says the stampede of other states with pension red ink could lead to a federal taxpayer bill of over $2 trillion. that's with a t, and let me tell you, folks, that's just one estimate. others put it between 1 trillion and 25 trillion that we could potentially get to. lou dobbs is host of "lou dobbs tonight" on the fox business network, he's also a syndicated radio host. so governor quinn in illinois can't figure out how to get himself out of these pensions that they've overpromised and feel like they're going to have to underdeliver on, and he's considering making the rest of us pay for them? [laughter] >> he's considering, he's hoping, he's begging, he's wishing. the fact of the matter is governor quinn
as compared to romney's own perscriptions that call for smaller less expensive government. for the president what he's going to try to do is say look, maybe things aren't so great but it is partly the fault of george w. bush and the republicans who were in office prior to the democrats taking control in 2009, so we need time to fix it, and by the way, the president will also say that he wants to increase taxes on people like mitt romney to help pay down some of that debt. >> reporter: we just put of that graphic there showing the $16 trillion of debt and there are so many digits it almost doesn't fit on the tv screen across the screen there, as you can see. but haven't americans in some way become number to astronomical numbers? how serious is this in. >> they have become number. is it the new normal this massive spilling of red ink but it raises three problems which i don't think the nation has got even to grips with yet. number one our economy is smaller than our debt. we look like europe, we know what happened there. number two we are spending $9 billion every week just paying interest on
are working with the libyan government. we are expecting's brand new report on the economy that could have a major affect on the presidential race . the labor department will release the september jobs report. unemployment rate expected to inch up . it has been above 8 percent for the last 42 months straight. today's report will be the second for the election . a new warning this morning. cvc said the outbreak of deadly form of menigitus is. six states and leaving five people dead . it is link would to a steroid commonly used for back pain . it health officials suspect that bacteria was in the steroid and which is now recalled. the drug maker surrendered its license. darrell hannah making a splash in jail when she was protesting the key tone pipe line. the two stood in front of ground clearing equipment. both were charged with criminal trespassing and those are your headlines. brian went off to heat cooling for the day. >> steve: fantastic. there he is. that is just like in your fancy hotels . we have a thermostat. >> gretchen: 20 gets it back up to 69. >> brian: i will get funding. >> ste
Search Results 0 to 3 of about 4